The GBP/USD pair had an extraordinary day on Tuesday as it finally broke above the recent resistance level. However, the market is resistive all the way to the 1.58 handle, and we did not manage to close...
The AUD/USD pair had a bullish session during the Tuesday trading hours, but did manage to fail at the 1.05 level again. This is odd as it was an area that caused massive resistance almost 3 weeks...
The USD/CAD pair fell below the recent lows on Tuesday, but bounced in order to form a hammer just below the 0.99 level. This pair does look like it’s ready for a bounce of sorts, and we...
The EUR/USD pair had a back-and-forth session during the Monday trading day, to in the session and basically unchanged. The candle is very neutral, and sitting on an uptrend line from the rising wedge that we’ve been...
The USD/JPY pair fell during the Monday session after initially trying to push higher. This shouldn’t be much of a surprise, as it has surged so high in such a short amount of time. This could be...
GBP/USD rose during the Monday session, but was repelled again just above the 1.57 level. This area has acted as massive resistance over the last few weeks, and we think that it is without a doubt the...
AUD/USD rose during the session on Monday, albeit in a fairly weak fashion. The market is approaching the uptrend line from the ascending channel, and as such we think the support will start to step back into...
The USD/CAD pair did very little during the Monday session as we formed a decidedly neutral candle. The market is being supported just under the 0.99 level, and it looks like we are going to tread water...
The EUR/USD pair fell during most of the session on Friday, but did manage to bounce in order to form a hammer. We are currently hugging the uptrend line of a rising wedge, and as such we...
The USD/JPY pair had another bullish session on Friday as the market plowed into the 79.50 level. We have recently broken out above consolidation and it appears that the market is dead set on running to the...
